About This Home

This 0-bedroom, 3-bathroom residential multi family at 268 Concord Street W in Portland, ME is listed for $885,000 ($240 per sqft). Built in 1879, the home offers 3,688 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1879
  • 0.22 acre lot
  • 3 stories

Property Details

3 stories
3 full
1-car garage
1879
Listing Description

Exceptional investment opportunity in Portland's highly desirable Deering Center/Rosemont neighborhood. This well-maintained multi-family property features three established units plus fully finished space with strong potential for a fourth unit (buyer to verify approvals and permitted use with city).

Owner occupied since 2007, and the units are currently except from the rent increase limits imposed by the City of Portland for 3-4 unit buildings. the property offers a rare combination of off-street parking, a garage and a spacious backyard, providing added convenience and outdoor enjoyment for tenants and owners alike.

Ideally situated within walking distance to the University of New England (UNE), the University of Southern Maine (USM), Rosemont Market, neighborhood shops, restaurants and everyday amenities. Outdoor enthusiasts will appreciate easy access to Evergreen Woods and its extensive network of approximately four miles on scenic walking and hiking trails.

Whether you are an owner-occupant seeking supplemental income or an investor looking to expand your portfolio in one of Portland's most sought-after neighborhoods, this property offers outstanding versatility location and future upside.

Monthly Cost Estimate

$4,733/mo

20% down · 6.5% · 30 years

Principal$640
Interest$3,835
Insurance$258

Estimates only. Actual payments may vary.

Location

268 Concord Street W

Portland, ME 04103

Property Details

Flooring

CarpetWoodTile

Construction

Wood Frame Vinyl Siding Wood Siding

Outdoor Features

DeckPatio

Parking

On Street

Heating

Natural GasBaseboard

Questions & Answers

This 0-bedroom, 3-bathroom residential multi family at 268 Concord Street W is listed at $885,000 ($240/sqft). The estimated monthly payment is $4,733 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1879, 0.22 acre lot, 3 stories.

This property is listed by Anthony Galli.

AG

Anthony Galli

Agent at Greater Portland Realty

Listed by Greater Portland Realty · Broker phone: 207-797-7777 · View on Broker Site · Broker website

MLS# 1669373· Source: Maine Listings· 3 days on PropertySimple

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268 Concord Street W, Portland, ME 04103

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